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2023
Exports $194kWorld Rnk 32 / 74
Flag Rnk 1114 / 1212
2023
Destination $169k Vietnam
2022 - 2023
FASTEST GROWING MARKET $169kVietnam
2023
PRODUCT COMPLEXITY IN Chromium Ore-2.49Rnk 1018 / 1025
2023
Imports $4.49MWorld Rnk 24 / 107
Flag Rnk 1041 / 1211
2023
Origin $115k South Africa
2022 - 2023
FASTEST GROWING ORIGIN $115kKazakhstan
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $194k in Chromium Ore, making it the 32nd largest exporter of Chromium Ore in the world. At the same year, Chromium Ore was the 1114th most exported product in Canada. The main destination of Chromium Ore exports from Canada are: Vietnam ($169k), Spain ($23.4k), and Switzerland ($1.2k).

The fastest growing export markets for Chromium Ore of Canada between 2022 and 2023 were Vietnam ($169k), Spain ($23.4k), and Switzerland ($1.2k).

Imports In 2023, Canada imported $4.49M in Chromium Ore, becoming the 24th largest importer of Chromium Ore in the world. At the same year, Chromium Ore was the 1041st most imported product in Canada. Canada imports Chromium Ore primarily from: South Africa ($3.68M), United States ($636k), Kazakhstan ($115k), Saudi Arabia ($30.6k), and China ($19.4k).

The fastest growing import markets in Chromium Ore for Canada between 2022 and 2023 were Kazakhstan ($115k), Saudi Arabia ($30.6k), and United States ($30.4k).

Latest Trends

May 2023

About

Overview In May 2023 Canada's Chromium Ore exports accounted up to C$228k and imports accounted up to C$629k, resulting in a negative trade balance of C$401k. Between July 2014 and May 2023 the exports of Canada's   Chromium Ore have increased by C$197k (631%) from C$31.2k to C$228k, while imports increased by C$265k (72.8%) from C$364k to C$629k.

Destinations In May 2023, Chromium Ore were exported mostly to , and were imported mostly from South Africa (C$551k) and United States (C$78.2k).

Growth In May 2023, the increase in Chromium Ore's year-by-year exports was explained primarily by an increase in exports to . In November 2024, the increase in Chromium Ore's year-by-year imports was explained primarily by an increase in imports from South Africa (C$579k or 194%) and United States (C$10k or 16.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2014 - May 2023)C$197k(631%)
IMPORT GROWTH (November 2023 - November 2024)C$265k(72.8%)
MAIN EXPORTER (May 2023)
MAIN DESTINATION (May 2023)

This section shows Chromium Ore's exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Chromium Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$194k
IMPORTS (2023)$4.49M
NET TRADE (2023)-$4.29M

In 2023, Canada exported $194k in Chromium Ore. The main destinations of Canada exports on Chromium Ore were Vietnam ($169k), Spain ($23.4k), and Switzerland ($1.2k).

In 2023, Canada imported $4.49M in Chromium Ore, mainly from South Africa ($3.68M), United States ($636k), Kazakhstan ($115k), Saudi Arabia ($30.6k), and China ($19.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Chromium Ore EXPORT MARKETS FOR Canada WERE (2022 - 2023):
Vietnam$169k (1%)
Spain$23.4k (1%)
Switzerland$1.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chromium Ore BY Canada WERE (2022 - 2023):
United States-$18.2k (-100%)
Guyana-$2.82k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Chromium Ore were:
South Africa $6.29B
Turkey $422M
Zimbabwe $217M
In 2023, Canada's main importing competitors in Chromium Ore were:
China $4.9B
Mozambique $1.69B
Indonesia $227M

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Trade Value of Chromium Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $24k
TOP IMPORT POTENTIALSouth Africa+ $968k

Chromium Ore’s highest export potential is United States. With an export gap of $24k.   Chromium Ore’s highest import potential is South Africa with an import gap of $968k.

See methodology.

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